EF
SBA 7(a) franchise lending portfolio
ESL FCU
AVERAGE risk
- Total loans
- 21
- Loan volume
- $2.2M
- Avg loan size
- $105K
- Charge-off rate
- 12.5%
- vs 15.4% national avg
Defaults
1
Avg interest
6.65%
Franchises funded
12
Risk rating
AVERAGE
Top franchise exposures
| Franchise | Loans | Volume | Default % |
|---|---|---|---|
| Subway | 4 | $298K | N/A |
| The Junkluggers | 3 | $204K | N/A |
| Fresh Coat | 2 | $77K | 100.0% (very high risk) |
| Plato's Closet | 2 | $250K | 0.0% (low risk) |
| Juiceblendz | 2 | $85K | 0.0% (low risk) |
| Closets by Design | 2 | $671K | N/A |
| 1-800-Packouts | 1 | $40K | 0.0% (low risk) |
| Rita's Ice-Custard-Happiness | 1 | $25K | 0.0% (low risk) |
| Monster Tree Service | 1 | $329K | 0.0% (low risk) |
| 1-800-Dryclean.com/1-800-Drycl | 1 | $75K | 0.0% (low risk) |
| Pinot's Palette | 1 | $125K | N/A |
| Woofie's | 1 | $35K | N/A |
Lending volume by year
2'15
1'16
3'17
3'18
2'19
1'24
9'25
Geographic exposure
2112.5% (elevated risk)
Portfolio summary
Total funded$2.2M
Defaults1 of 21
Risk tierAVERAGE
Avg rate6.65%
Source: SBA 7(a) FOIA loan-level data, aggregated by FranchiseVerdict
Charge-off rate = charge-offs / (charge-offs + paid-in-full). Active, exempt, and cancelled loans are excluded. Risk ratings: Excellent (<5%), Good (5-10%), Average (10-15%), Elevated (15-20%), High Risk (>20%).
Frequently asked questions
- How many SBA 7(a) franchise loans has ESL FCU originated?
- 21 loans totaling $2.2M. The portfolio carries a 12.5% charge-off rate, earning a “AVERAGE” risk rating.
- What is the charge-off rate and why does it matter?
- Charge-off rate = charge-offs / (charge-offs + paid-in-full). For SBA 7(a) franchise lending, the national average runs 5–8%. Portfolios materially above that signal either riskier franchise selection or weaker underwriting.
- Where does this lending data come from?
- SBA 7(a) loan records released under the Freedom of Information Act. Each record carries approval date, amount, lender, business type, NAICS code, location, and outcome. See methodology.
- Which franchise brands does ESL FCU fund the most?
- The “Top franchise exposures” table above lists the brands ESL FCU has the largest concentration in. Click any brand to see its full FDD-disclosed financials, growth trajectory, and SBA loan performance across all lenders.